Milan, Italy | AFP | Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing …
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Lagos, Nigeria | AFP | Fishing boats look like specks alongside Egina, which has been moored for the last month in Lagos. Even the container ships that normally dominate the port look like small boats. The floating production storage and offloading facility (FPSO), developed by the French group Total, looks …
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Luanda, Angola | AFP | Angolan prosecutors opened an investigation on Friday into possible corruption at the country’s state oil giant when it was run by former president Jose Eduardo dos Santos’ daughter Isabel. Investigators will probe “irregular financial transfers” reported by Sonangol’s new management, prosecutors said in a statement. …
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Washington, United States | AFP | The United States took action Monday against several Maltese, Libyan and Egyptian firms, traders and ships allegedly involved in smuggling oil out of Libya in violation of UN sanctions. Libya has been gripped by chaos since a NATO-backed uprising toppled and killed longtime dictator …
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Kampala, Uganda | RONALD MUSOKE | Ugandan suppliers looking at providing goods and services to the fledgling oil and gas sector need to build partnerships with their international counterparts if they are to fully participate in the multi-million dollar opportunities expected to flow in the coming months. Elly Karuhanga, the …
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Kampala, Uganda | RONALD MUSOKE | Susan Eckey is Norway’s ambassador to Uganda. She spoke to The Independent’s Ronald Musoke on the growing bilateral relations between the two countries. Tell us about your impressions of Uganda since you arrived in 2015? Uganda is my first posting as a bilateral ambassador. I …
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Paris, France | AFP | The world’s leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their fortunes around, but they remain cautious and are unlikely to rush out on a new spending spree just yet. In a flourish of earnings reports …
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Kigumba Petroleum Institute has trained just 133 locals with certificates and diplomas in oil and gas Kampala, Uganda | JULIUS BUSINGE | Uganda will start investing in the oil and gas infrastructure ahead of the planned production in 2020 but there are indication that majority of the work will be undertaken …
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Buenos Aires, Argentina | AFP | The United States said Sunday it has not ruled out sanctions on Venezuelan oil as it turns the screw on President Nicolas Maduro, but is wary of hurting the country’s people. Secretary of State Rex Tillerson is in Argentina as he tours Latin American to …
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Uganda is becoming more appealing destination for investors from the East African Community (EAC) Kampala, Uganda | JIMMY SIYA | From the time the Uganda government announced that it will be constructing an oil pipeline, Kenyan logistic companies have shown interest in moving into the country to tap from the …
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The Independent Uganda: You get the Truth we Pay the Price
